U.S. EconomyIMPORTANT

US PPI MoM (Jun) M/M -0.3% vs. Exp. 0.2% (Prev. 1.1%, Low. -0.2%, High. 0.6%)

StockNow breaking-news AI analysis

June US PPI unexpectedly fell 0.3% MoM, driven by a sharp drop in energy. While markets lowered rate hike expectations, Fed officials remain cautious, requiring more data for a policy shift.

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